Appointment of Logistec's President and CEO, Madeleine Paquin, as a Member of the Order of Canada

MONTRÉAL, Dec. 29, 2017 /CNW Telbec/ - Logistec is pleased to announce that our President and CEO, Madeleine Paquin, has been appointed a Member of the Order of Canada for her role in leading innovation in supply chain practices and environmental protection, two major drivers of change in the Canadian economy.

"I am extremely proud that Madeleine Paquin is being presented with one of Canada's highest civilian honours in recognition of her many achievements," said George Jones, Chairman of Logistec Corporation. Madeleine Paquin has overseen Logistec's development for over 20 years, creating a network of port infrastructures and services to facilitate trade so Canada, and now the United States, can boast some of the most competitive supply chains in the world. Madeleine Paquin was also quick to realize that a healthy environment and a vibrant and robust economy go hand in hand, which is why she decided that the Logistec family had to find reliable and innovative solutions to help organizations facing environmental challenges. That was one of the most important decisions establishing Logistec as an environmental trailblazer.

Madeleine Paquin is a visionary and one of the most remarkable entrepreneurs of her generation. She has been honoured on many occasions for her business achievements. Her philanthropic deeds show her desire to make the world a better place and promote causes she cares about. One cause that is especially dear to her heart is The Neuro (The Montreal Neurological Institute and Hospital), a world-leading destination for brain research and advanced patient care.

Madeleine Paquin is one of 125 individuals being honoured by the Order of Canada this year. "I am really proud of this recognition because it encourages me to take concrete action in areas where I believe I can make a real difference: providing marine and environmental services, developing a new generation of leaders and talented women, and helping advance neurology and cancer research," said Madeleine Paquin.

About the Order of Canada
Created in 1967, the Order of Canada, one of our country's highest civilian honours, recognizes outstanding achievement, dedication to the community and service to the nation. Close to 7,000 people from all sectors of society have been invested into the Order. Their contributions are varied, yet they have all enriched the lives of others and have taken to heart the motto of the Order: DESIDERANTES MELIOREM PATRIAM ("They desire a better country"). Appointments are made by the governor general on the recommendation of the Advisory Council for the Order of Canada.

About Logistec
Logistec Corporation is based in Montréal, Québec, and provides specialized services to the marine community and industrial companies. It offers bulk, break-bulk and container cargo handling in some 30 ports and 40 terminals located in eastern North America. In addition, Logistec offers marine transportation and cargo services geared principally to the Arctic coastal trade, short-line rail transportation services, as well as marine agency services to foreign shipowners and operators serving the Canadian market. Logistec also operates in the environmental sector where it provides services to industrial, municipal and governmental customers for the trenchless structural rehabilitation of underground water mains, regulated materials management, site remediation, risk assessment, and manufacturing of woven hoses.

The Company has been profitable and has paid regular dividends since becoming public and payments have grown steadily over the years. A public company since 1969, Logistec's shares are listed on the Toronto Stock Exchange (TSX) under the ticker symbols LGT.A and LGT.B. For more information, please visit www.logistec.com.

SOURCE Logistec Corporation